Income Taxes Payable$471Short-term Investments and Marketable Securities 8,109Cash8,442Other non-current Liabilities10,449Common Stock1,760Receivables4,812Other Current Assets2,973Long-term Investments10,448Other Non-current Assets3,585Property, Plant and Equipment23,486Trademarks6,527Other Intangible Assets20,810Allowance for Doubtful Accounts53Accumulated Depreciation9,010Accounts Payable8,680Short Term Notes Payable17,874Prepaid Expenses2,781Other Current Liabilities796Long-Term Liabilities 14,736Paid-in-Capital in Excess of Par Value11,379Retained Earnings55,038Inventories3,264Treasury Stock 35,009 Other information taken from the Annual Report:
Sales Revenue for 2012$48,017Cost of Goods Sold for 2012 19,053Net Income for 2012 9,019Inventory Balance on 12/31/11 3,092Net Accounts Receivable Balance on 12/31/11 4,920Total Assets on 12/31/11 79,974Equity Balance on 12/31/11 31,921Required:1. Using the information provided prepare a Balance Sheet. Separate the current assets from non-current assets and provide a total for each. Also separate the current liabilities from the non-current liabilities and provide a total for each.2. Using the Balance Sheet from your answer above calculate; Current Ratio, Days in Inventory, Average Collection Period, Return on Assets Ratio, Debt to Total Assets and Return on common stockholders’ equity ratio. (Make sure to show all your work)
